Form 8.5 (EPT/RI) - Smith (DS) Plc

UBS AG (EPT)

14 February 2024

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the Code)

1.         KEY INFORMATION

(a) Name of exempt principal trader:	UBS Investment Bank, London
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Smith (DS) plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Mondi Plc connected to UBS
(d) Date dealing undertaken:	13 February 2024
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	YES

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
10p Ordinary	Buy	2696847	3.25000        GBP	3.16993        GBP
10p Ordinary	Sell	3171873	3.25000        GBP	3.16925        GBP

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
10p Ordinary	CFD	Long	18746	3.183839        GBP
10p Ordinary	CFD	Long	3500	3.178        GBP
10p Ordinary	CFD	Long	1896	3.187        GBP
10p Ordinary	CFD	Long	5197	3.16996038        GBP
10p Ordinary	CFD	Long	19643	3.211388        GBP
10p Ordinary	CFD	Long	232401	3.17        GBP
10p Ordinary	CFD	Long	760	3.193826        GBP
10p Ordinary	CFD	Long	714	3.19363        GBP
10p Ordinary	CFD	Long	2468	3.196582        GBP
10p Ordinary	CFD	Long	33548	3.194215        GBP
10p Ordinary	CFD	Long	2200	3.2373352005        GBP
10p Ordinary	CFD	Long	21430	3.20198600093327        GBP
10p Ordinary	CFD	Long	8179	3.20729673554224        GBP
10p Ordinary	CFD	Long	1136	3.208906        GBP
10p Ordinary	CFD	Long	10	3.19780406        GBP
10p Ordinary	CFD	Long	5224	3.19833941        GBP
10p Ordinary	CFD	Long	4636	3.19928128125108        GBP
10p Ordinary	CFD	Long	4298	3.19676491        GBP
10p Ordinary	CFD	Long	32807	3.22008098        GBP
10p Ordinary	CFD	Long	9899	3.19467643        GBP
10p Ordinary	CFD	Long	2975	3.23010982        GBP
10p Ordinary	CFD	Long	24100	3.21062199170124        GBP
10p Ordinary	CFD	Long	1662	3.16952466907341        GBP
10p Ordinary	CFD	Long	64688	3.212602        GBP
10p Ordinary	CFD	Long	91670	3.209958        GBP
10p Ordinary	CFD	Long	21919	3.221311        GBP
10p Ordinary	CFD	Long	7362	3.192354        GBP
10p Ordinary	CFD	Long	14183	3.222223        GBP
10p Ordinary	CFD	Long	2827	3.18835999599929        GBP
10p Ordinary	CFD	Long	24245	3.180452        GBP
10p Ordinary	CFD	Long	48	3.22876        GBP
10p Ordinary	CFD	Long	60282	3.17911947        GBP
10p Ordinary	CFD	Long	25150	3.222204        GBP
10p Ordinary	CFD	Long	8905	3.219783        GBP
10p Ordinary	CFD	Short	15934	3.187752        GBP
10p Ordinary	CFD	Short	650	3.170154        GBP
10p Ordinary	CFD	Short	810	3.192        GBP
10p Ordinary	CFD	Short	2329	3.188        GBP
10p Ordinary	CFD	Short	989	3.19        GBP
10p Ordinary	CFD	Short	7667	3.19562        GBP
10p Ordinary	CFD	Short	8284	3.17        GBP
10p Ordinary	CFD	Short	11371	3.201117        GBP
10p Ordinary	CFD	Short	1933	3.212453        GBP
10p Ordinary	CFD	Short	9404	3.173185        GBP
10p Ordinary	CFD	Short	7709	3.19594521        GBP
10p Ordinary	CFD	Short	7249	3.19004848        GBP
10p Ordinary	CFD	Short	27662	3.20087326        GBP
10p Ordinary	CFD	Short	10539	3.19435427        GBP
10p Ordinary	CFD	Short	5390	3.19146717        GBP
10p Ordinary	CFD	Short	6900	3.18929420289855        GBP
10p Ordinary	CFD	Short	10766	3.198681        GBP
10p Ordinary	CFD	Short	135069	3.171078        GBP
10p Ordinary	CFD	Short	334	3.191937        GBP
10p Ordinary	CFD	Short	1	3.21        GBP
10p Ordinary	CFD	Short	6777	3.170158        GBP
10p Ordinary	CFD	Short	895	3.187        GBP

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

3.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none "

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

Date of disclosure:	14 February 2024
Contact name:	Richard Howard
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END